Bell Telephone of Canada Shows Higher Net in 1971

The Bell Telephone Company of Canada reported yesterday gains in operating revenues and net income for the final quarter and full year 1971. The preliminary annual report placed fourth quarter operating revenues at $261,810,000 against $241,053,000 a year earlier. Net income rose to $36,799,000, or 91 cents a share, from $31,577,000, or 82 cents a share, in the like 1970 period.

Operating revenues for the year rose to $1,018,787,000 from $936,636,000 a year earlier, while net income of $147,290,000, or $3.76 a share, compared with $133,262,000, or $3.52 a share, in 1970. The American Telephone and Telegraph Company owns 2 per cent of Bell Canada's stock.

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A version of this archives appears in print on February 1, 1972, on Page 59 of the New York edition with the headline: Bell Telephone of Canada Shows Higher Net in 1971. Order Reprints|Today's Paper|Subscribe